Union With Mines Royal
In the 17th century the company was not particularly active, but periodically granted licences for mining or industrial activities that would infringe its rights. It probably informally amalgamated with the Society of Mines Royal in about 1669. Ultimately in 1689, the passing of the Mines Royal Act effectively removed the monopoly mining rights of both companies, and the joint company became moribund.
In 1693, Moses Stringer was admitted to shares in both companies, being esteemed a person 'ingenious and propence to chemistry and mineral studies'. However nothing much happened until Stringer recovered the minute books in 1709 and called a meeting at his 'elaboratory' and foundry in Blackfriars, which delegated complete power to him as 'Mineral Master Gerneral'. Some effort was made to exploit the companies' monopoly, by licensing mining, but probably with little success.
Read more about this topic: Company Of Mineral And Battery Works
Famous quotes containing the words union with, union, mines and/or royal:
“The man whose whole activity is diverted to inner meditation becomes insensible to all his surroundings. If he loves, it is not to give himself, to blend in fecund union with another being, but to meditate on his love. His passions are mere appearances, being sterile. They are dissipated in futile imaginings, producing nothing external to themselves.”
—Emile Durkheim (1858–1917)
“The methods by which a trade union can alone act, are necessarily destructive; its organization is necessarily tyrannical.”
—Henry George (1839–1897)
“Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark:M”I wasn’t worth a cent two years ago, and now I owe two millions of dollars.””
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“This royal throne of kings, this sceptred isle,
This earth of majesty, this seat of Mars,
This other Eden, demi-paradise,
This fortress built by nature for herself
Against infection and the hand of war,
This happy breed of men, this little world,
This precious stone set in the silver sea,
Which serves it in the office of a wall,
Or as a moat defensive to a house
Against the envy of less happier lands;
This blessèd plot, this earth, this realm, this England.”
—William Shakespeare (1564–1616)